Digital twin

IOTSWC Tackles Challenges of Digital Transformation at Second Digital Summit

Monday, May 10, 2021 - 3:51pm

b'Boston, MA, May 10, 2021 (GLOBE NEWSWIRE) -- On May 11 and 12, 2021, IOT Solutions World Congress (IOTSWC), the leading event covering the IoT (Internet of Things) organized by the Industrial Internet Consortium \xc2\xae (IIC\xe2\x84\xa2) and Fira\xc2\xa0 Barcelona , will tackle the challenges of digital transformation at its second Digital Summit .

Key Points: 
  • b'Boston, MA, May 10, 2021 (GLOBE NEWSWIRE) -- On May 11 and 12, 2021, IOT Solutions World Congress (IOTSWC), the leading event covering the IoT (Internet of Things) organized by the Industrial Internet Consortium \xc2\xae (IIC\xe2\x84\xa2) and Fira\xc2\xa0 Barcelona , will tackle the challenges of digital transformation at its second Digital Summit .
  • What are the challenges posed by the adoption of the IoT, artificial intelligence, and cybersecurity in industry?
  • Michael Grieves, chief advanced manufacturing scientist at the Florida Institute of Technology, will discuss the evolution of smart products and digital twins.
  • Sultan Aziz, director of the supply strategy at Johnson & Johnson, and Ahmet Hasanbeseoglu, digital supply chain transformation director at Unilever, will offer their vision of the digital factory in the post-Covid-19 era.

Parsons and CTDOT Leverage Digital Twin Technology to Improve Interchange

Tuesday, May 4, 2021 - 12:30pm

b'CENTREVILLE, Va., May 4, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) announced today that the company is implementing digital twin and enhanced 3D modeling technology for the Connecticut Department of Transportation\'s (CTDOT\'s) I-91/I-691/Route 15 interchange project.

Key Points: 
  • b'CENTREVILLE, Va., May 4, 2021 /PRNewswire/ --Parsons Corporation (NYSE: PSN) announced today that the company is implementing digital twin and enhanced 3D modeling technology for the Connecticut Department of Transportation\'s (CTDOT\'s) I-91/I-691/Route 15 interchange project.
  • "Digital twin technology is one of many innovations that can help increase the safety, efficiency, and reliability of infrastructure projects, and we are gratified that CTDOT shares our dedication to continuously improving infrastructure design through technology implementation.
  • "\nParsons will use Bentley\'s iTwin Services, which provides a cloud-based platform and web-based tools to optimize design review, validation, and insight, for improved collaboration, safety and productivity.
  • Please visit parsons.com , and follow us on LinkedIn and Facebook to learn how we\'re making an impact.\n'

Komatsu, NTT DOCOMO, Sony Semiconductor Solutions and Nomura Research Institute to Launch "EARTHBRAIN"

Friday, April 30, 2021 - 8:35am

b'- Will enhance construction industry safety, productivity and eco performance -\nTOKYO, Apr 30, 2021 - (JCN Newswire) - Komatsu Ltd., NTT DOCOMO, INC., Sony Semiconductor Solutions Corporation and Nomura Research Institute, Ltd. jointly announced today that they have agreed to launch a new company, named EARTHBRAIN Ltd., that will support digital transformation in the construction industry for dramatically improved safety, productivity and environmental performance.\nWorkstyle reforms are in high demand due to factors including an aging population and shrinking workforce in the Japanese construction industry and the presence of COVID-19 in construction sites worldwide.

Key Points: 
  • b'- Will enhance construction industry safety, productivity and eco performance -\nTOKYO, Apr 30, 2021 - (JCN Newswire) - Komatsu Ltd., NTT DOCOMO, INC., Sony Semiconductor Solutions Corporation and Nomura Research Institute, Ltd. jointly announced today that they have agreed to launch a new company, named EARTHBRAIN Ltd., that will support digital transformation in the construction industry for dramatically improved safety, productivity and environmental performance.\nWorkstyle reforms are in high demand due to factors including an aging population and shrinking workforce in the Japanese construction industry and the presence of COVID-19 in construction sites worldwide.
  • EARTHBRAIN will now tackle these challenges through digital transformation.
  • The new company will evolve Komatsu\'s "Smart Construction(1)" solution and expand its services worldwide, including for all brands of construction equipment and vehicles operating at worksites.
  • By combining the four companies\' expertise, know-how and technologies, EARTHBRAIN will provide the next-generation of Smart Construction.\nNext-generation Smart Construction will incorporate digital twins(2) at construction sites based on EARTHBRAIN\'s accelerated development and provision of visualization devices and applications for real-time remote monitoring, analyzing and optimizing of terrain, construction equipment, operators, materials, safety and environmental factors.

Bentley Systems Announces Acquisitions of sensemetrics and Vista Data Vision, Leaders Respectively in Software for Infrastructure Instrumentation and Sensor Management

Thursday, April 29, 2021 - 10:48pm

b'Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its acquisitions of sensemetrics (agreement executed) and Vista Data Vision (closed), leading providers of software for Internet of Things (IoT) applications used extensively in infrastructure.

Key Points: 
  • b'Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its acquisitions of sensemetrics (agreement executed) and Vista Data Vision (closed), leading providers of software for Internet of Things (IoT) applications used extensively in infrastructure.
  • sensemetrics and Vista Data Vision will expand the scope of the Bentley iTwin platform to add intrinsic IoT capabilities for infrastructure digital twins to incorporate real-time sensor data.
  • Previously, traditional sensor data capture systems required specialists to implement and maintain, and were typically complex, rigid, and costly.
  • \xe2\x80\x9cThe synergies enabled by extending infrastructure digital twins through infrastructure IoT are compelling, and we are excited to play a pivotal role in this advancement.\xe2\x80\x9d\nTogether, sensemetrics and Vista Data Vision will add approximately 40 colleagues to Bentley Systems.

ScaleOut Software Announces Geospatial Mapping for its ScaleOut Digital Twin Streaming Service™

Tuesday, April 27, 2021 - 2:00pm

b'ScaleOut Software today released new visualization capabilities for its Azure hosted ScaleOut Digital Twin Streaming Service\xe2\x84\xa2 and companion, on-premises streaming analytics platform.

Key Points: 
  • b'ScaleOut Software today released new visualization capabilities for its Azure hosted ScaleOut Digital Twin Streaming Service\xe2\x84\xa2 and companion, on-premises streaming analytics platform.
  • We believe that combining digital twins with geospatial mapping creates an important breakthrough in extracting value from streaming data.\xe2\x80\x9d\nThe ScaleOut Digital Twin Streaming Service incorporates a new software technique for implementing streaming analytics called \xe2\x80\x9creal-time digital twins.\xe2\x80\x9d This technique enables applications to analyze data in motion in milliseconds from thousands of data sources and maintain dynamic, contextual information about each data source for deep introspection.
  • With the addition of geospatial mapping, aggregated analytics results can now be graphically displayed so that users can quickly assess important spatial relationships.\nKey benefits of the product\xe2\x80\x99s new geospatial mapping include:\nImmediate Display of Analysis Results: Unlike streaming analytics platforms which analyze streaming data offline in data lakes, the ScaleOut Digital Twin Streaming Service immediately analyzes telemetry from each data source and extracts key insights.
  • These specifications allow results to be filtered to declutter the map and highlight important data.\nHigh Performance: The ScaleOut Digital Twin Streaming Service is implemented using highly scalable, in-memory computing software technology that processes incoming streaming data with high throughput and low latency.

Global Digital Twins Market Report 2021-2026 - High ROI Cyber-to-Physical Solutions for Leading Industries to Drive Digital Twins Market

Friday, April 23, 2021 - 1:15pm

b'DUBLIN, April 23, 2021 /PRNewswire/ -- The "Digital Twins Market by Technology, Twinning Type, Cyber-to-Physical Solutions, Use Cases and Applications in Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com\'s offering.\nThis report evaluates digital twinning technology, solutions, use cases, and leading company efforts in terms of R&D and early deployments.

Key Points: 
  • b'DUBLIN, April 23, 2021 /PRNewswire/ -- The "Digital Twins Market by Technology, Twinning Type, Cyber-to-Physical Solutions, Use Cases and Applications in Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com\'s offering.\nThis report evaluates digital twinning technology, solutions, use cases, and leading company efforts in terms of R&D and early deployments.
  • The report assesses the digital twin product and service ecosystem including application development and operations.
  • This includes consideration of use cases by industry vertical.\nThe report also analyzes technologies supporting and benefiting from digital twinning.
  • Conversely, a digital object may be used to manipulate and control a real-world asset by way of teleoperation.

Digital Twins Harness the Power of Data to Drive Innovation

Thursday, April 22, 2021 - 1:35pm

He concludes by exploring the enabling role of the IoT data explosion.\n"Digital twin technology has broad implications for a number of industries, from manufacturing and aerospace to healthcare, automotive and utilities," stated Greg Smith, Vice President of Services Delivery at Messaging Architects.\nBelow are a few excerpts from the article, " Digital Twins Harness the Power of Data to Drive Innovation .

Key Points: 
  • He concludes by exploring the enabling role of the IoT data explosion.\n"Digital twin technology has broad implications for a number of industries, from manufacturing and aerospace to healthcare, automotive and utilities," stated Greg Smith, Vice President of Services Delivery at Messaging Architects.\nBelow are a few excerpts from the article, " Digital Twins Harness the Power of Data to Drive Innovation .
  • "\n"The IoT has resulted in an explosion of data, and this data makes digital twin technology possible.
  • Sensors gather information from the real-world object, delivering that data through the cloud to the digital twin.
  • "\nInformation governance involves the effective categorization and storage of data, as well as data security , regulatory compliance and access controls.

Digital Twins in Construction Thematic Research Report 2021 - ResearchAndMarkets.com

Monday, April 19, 2021 - 1:32pm

b'The "Digital Twins in Construction - Thematic Research" report has been added to ResearchAndMarkets.com\'s offering.\nDigital twins are digital representations of physical assets, systems, or processes.

Key Points: 
  • b'The "Digital Twins in Construction - Thematic Research" report has been added to ResearchAndMarkets.com\'s offering.\nDigital twins are digital representations of physical assets, systems, or processes.
  • Digital twins ingest data and use it to create representations of individual assets or groups of assets, ranging from parts, machines, entire plants, or a whole physical infrastructure.
  • Soon, the number and sophistication of applications of digital twins will grow.\nTo truly fulfill their potential, digital twins must quickly evolve into a meaningful construct and not just another technology concept in the broader Internet of Things (IoT).
  • Digital twins are a tool with various applications, from construction sites to factories to hospitals.

Global Digital Twins Market 2021-2026 by Technology, Twinning Type, Cyber-to-Physical Solutions, Use Cases and Applications - ResearchAndMarkets.com

Monday, April 19, 2021 - 12:57pm

b'The "Digital Twins Market by Technology, Twinning Type, Cyber-to-Physical Solutions, Use Cases and Applications in Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com\'s offering.\nThis report evaluates digital twinning technology, solutions, use cases, and leading company efforts in terms of R&D and early deployments.

Key Points: 
  • b'The "Digital Twins Market by Technology, Twinning Type, Cyber-to-Physical Solutions, Use Cases and Applications in Industry Verticals 2021 - 2026" report has been added to ResearchAndMarkets.com\'s offering.\nThis report evaluates digital twinning technology, solutions, use cases, and leading company efforts in terms of R&D and early deployments.
  • The report assesses the digital twin product and service ecosystem including application development and operations.
  • This includes consideration of use cases by industry vertical.\nThe report also analyzes technologies supporting and benefiting from digital twinning.
  • Conversely, a digital object may be used to manipulate and control a real-world asset by way of teleoperation.

Frost & Sullivan Examines How Developers Can Deliver Digital Twin Solutions to Resolve Infrastructure Challenges

Wednesday, April 14, 2021 - 11:32am

Digital twins provide the ability to derive insights, improve collaboration, view real-time interactions, and improve decision-making from anywhere.

Key Points: 
  • Digital twins provide the ability to derive insights, improve collaboration, view real-time interactions, and improve decision-making from anywhere.
  • Many software vendors and engineering firms are interested in building digital twin solutions but quickly face two options: invest in developing their digital twin technologyan effort that can take years to build, deploy, scale, and maintainor use an open platform that can quickly bring digital twin solutions to market while reducing risk and avoiding vendor lock-in.\n"There is a clear market requirement for well-developed, open platforms to create digital twins and digital twin applications for infrastructure," said Seth Cutler, Principal Consultant, Energy & Environment Practice at Frost & Sullivan.
  • "While Bentley has created digital twin solutions to meet some of these needs, the demand for digital twins is too large for any one vendor to address.
  • It would not be possible for us to create solutions that meet the diverse range of needs across all infrastructure facets.